Monthly Archives: June 2018

“Why Michael Johnson’s so wrong!” – Con Keating

Michael Johnson’s letter to Frank Field & Co on CDC (reproduced in full here) was a real disappointment. I had expected more; a new and closely reasoned critique, passionately believed, perhaps. What I got was a tired and repetitive rehearsal … Continue reading

Posted in annuity, blockchain, CDC, defined ambition, defined aspiration, pensions | Tagged , , , , , | 2 Comments

With “good risk” , we can push the sky away.

    This from City AM’s Josh Mines The pension deficit of the UK’s 350 largest companies tumbled by a huge £16bn over the course of May, figures out today have shown. In just one month, the FTSE 350 pension … Continue reading

Posted in actuaries, pensions | Tagged , , , , , , , | 1 Comment

Can we map the pension genome?

I don’t think I’ve ever heard mention of the “pension genome” , which may suggest it is a concept before its time. To me it means the entire complex of products and funds from on which our rights to money … Continue reading

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Sexy cash and the Lamborghini – has anything really changed?

  My most vivid Steve Webb moment, was not listening to him utter his famous remark, that he didn’t mind people spending their pension pot on a Lamborghini. It was his cold condemnation of the Boots Pension Scheme for offering … Continue reading

Posted in pensions | 3 Comments

Not so Fast Pensions

  Here’s the intel on Fast Pensions, let’s hope that we have a rather speedier resolution than with “sister” scams! Fast Pensions to be wound up Yesterday, Wednesday 30th May, in the High Court, the petition to wind up Fast … Continue reading

Posted in pensions | 5 Comments

CDC for Royal Mail -“risky and unnecessary” – Michael Johnson

What’s below is a letter written by Michael Johnson which I have tried to publish in full (as far as possible retaining formatting). I don’t agree with Michael’s conclusions and can see clearly where my thinking diverts from his (on … Continue reading

Posted in pensions | 2 Comments